Question
Form 1120S Total Assets line when Schedule L is suppressed - why does it still show an error and require total assets, page 1, line f?
I know how to suppress Schedule L and M-1 since assets and receipts are less than $250,000, and I have done so for a form 1120S. But the software still requires a value for total assets and shows an error - why? And how to suppress this requirement since a balance sheet is not required.
Any suggestions?
